Bitcoin (BTC) and is frequently mentioned with his explanations and predictions about altcoins. BitMEX former CEO Arthur HayesA new move came from .
Which with his occasional posts? altcoinHayes, who announced that he invested or sold e, traded in a new altcoin.
At this point, on-chain data analysis platform Spot on Chain said in its post that Arthur Hayes bought 500,000 PENDLE (worth $1.28 million) from Binance.
While Hayes purchased Pendle at an average price of $2.57, he currently has 1.34 million PENDLE (worth $3.54 million).
It was stated that the estimated unrealized profit of the famous name was 1.45 million dollars.
“Arthur Hayes withdrew 500 thousand PENDLE (worth $1.28 million) from Binance at $2.57 during the day.
It currently has 1.34 million PENDLE on hand (worth $3.54 million) and an estimated unrealized profit of $1.45 million.
PENDLE appears to be rebounding after the Hayes acquisition.”
Arthur Hayes (@CryptoHayes, #BitMEX founder) withdrew 500K $PENDLE ($1.28M) from #Binance at $2.57 ~35 minutes ago.
Currently, he holds 1.34M $PENDLE ($3.54M) with an estimated profit of $1.45M (+70.4%) (all unrealized).$PENDLE seems to be bouncing back after his withdrawal.… pic.twitter.com/gAqengrTkV
— Spot On Chain (@spotonchain) February 1, 2024
After Hayes’ purchase of PENDLE, the price started to rise and reached up to $2.68. At the time of writing, PENDLE price continues to trade at $2.54.
When we look at the famous name’s portfolio, we see that there are altcoins such as Erhereum (ETH), WILD, MEOW, USDT, WETH, WBTC, SUSHI and ACH, apart from PENDLE.
As you may remember, Binance’s investment arm in August 2023 Binance Labs announced that it invested in Pendle Finance.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!